USD/JPY Stalls at Pennant Resistance Near 156.30

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USDJPY pauses upside at key resistance level. Holding the 50‑day SMA remains crucial for bullish bias. Momentum indicators reflect indecision. USDJPY is trading under pressure near the upper boundary of a pennant pattern around 156.30. The yen firmed after BoJ Governor Ueda highlighted the March and April meetings as possible windows for rate hikes, while […]The post USD/JPY Stalls at Pennant Resistance Near 156.30 appeared first on ActionForex.